VR GP reqd to buy this rural GP clinic (accredited for reg training).
The owners have given great service & been terrific employers, resulting in long term (20 yrs) staff. This practice has the capacity for 7 drs & offers growth in aged care visits, skin cancer clinics, CDM & health assessments by age.
Owners
- W/ a large family, it's time for more work/life balance! Selling to retire.
Practice History & Facilities
- Purchased business in 1997 w/ a super clinic grant for expansion in 2009
- 11 rms, 2 nurse stations (1x w/ chair + 1x w/ bed), a 1x bed procedure rm & allied health services
Team
- 3.4 FTE GPs w/ 5 drs on 65/35%
- 2 GPs wk 4x/wk w/ on-call duties, 2 GPs & the owner wk 3x/wk
- 1x dr sitting final GP fellowship exam shortly (currently on A1 rates)
- New GP has joined recently
- Another will join in Jan '25 on a 482-visa w/ a 4 yr post
- UWS med students visits the clinic & the GPs are paid $400/day to support this education (65/35% fee split)
- PM (FT)
- owner's wife undertakes tax, financial + asset management (F/T)
- 1st assistant PM manages trust accounts & drs disbursement (F/T)
- 2nd assistant PM handles payroll, wages & office duties incl tyro, Workers' comp billings & outstanding debt (31 hrs/wk)
- Office Mngr overseas staff (3.5x/wk)
Allied
- Pt case mngr
- Physio (F/T) (80/20%)
- podiatrist (80/20%)
- Diabetes educator (1x/12) pays rm rent
- Dietician – (1x/wk) pays rm rent
- Hearing services (2x/12)
- EP
VMO's
- General surgeon -1x/12
- Orthopod -1x/12
- Urologist – 6x/yr
- Paediatrician – 6x/yr
- Endocrinologist – 6x/yr
- Cardiologist – 2x/yr for assessments (no income, a pt service w/ the local hospital)
HR & Contracts
- Employsure handles HR
- Drs are on independent contracts, some using their own companies
- Drs can also work at the local ED as a VMO so need great emergency medicine skills
Software
- MD, Pracsoft, and MYOB
- Website in development
- using HotDoc for appointments and billing of phone consults
- Swapping Tyro for HiCaps
Pts + Billing
- MB practice w/ BB for pensioners
- 10% of patients are Aboriginal supported by CTG – closing the gap
- Practice principle w/ another GP supports about a dozen methadone + pain management pts
- SWPE = 3,500 approx
Rent
- $101,455 pa or the new owner can buy the bldg (Price TBA post valuation completion)
Community & Stability:
- Long-term staff
- 3x drs own houses locally + another will join in '25, contributing to community stability
Site visits may occur w/ the vendor at a mutually convenient time outside clinic hrs to maintain pt & staff confidentiality.
Broker: Sally Stuart
E: sally.stuart@linkbusiness.com.au
Ref: NSW11232
